Unlike cannabis which can be legally purchased in many forms, including flower, oils, and edibles, the future of commercial psilocybin sales will likely rely heavily on a single form of consumption. Micro-dose capsules filled with dried psilocybin mushrooms have been shown to provide a variety of benefits to users and are growing in popularity. As the primary form of consumption, the demand …
Medical cannabis has been legal in New York since 2014, but the Marijuana Revenue and Taxation Act (S.854-A/A.1248-A) was only recently legalized by Governor Cuomo. Despite progress toward expanding access to cannabis in the state, a regulatory framework has yet to be established. Adults 21 years and older can currently possess up to 3 ounces of cannabis and up to …
An alarm system is an integral part of every retail establishment, but it is especially important for cannabis businesses. Though the requirements may be similar, regulations regarding alarm systems for cannabis businesses are different in every state. In addition to differing state guidelines, the cost, quality, and functionality of alarm systems can vary greatly. It is important to consider all components of …
Most cannabis business owners understand the importance of physical security but fail to see how critical IT or data security is as well. In this article, we’ll explain why cannabis business owners should care about IT security and what they can do to protect their companies. The IT Security Threats Cannabis Businesses Face Hackers You might not think that hackers …
While wildfire season does not have a set start date, wildfires typically increase in the hotter summer and fall months. Wildfires are common in states like Georgia, Texas, and North Carolina, but more acres have been burned by wildfires in California than any other state. The 2020 wildfire season was the worst in state history for California and more than 1 million …
New Jersey legalized recreational cannabis in November 2020 and the state is hopeful that New Jersey cannabis market will help boost their economy after COVID-19. The state has until August 21, 2021 to establish temporary rules for regulating cannabis businesses and will start accepting applications 30 days after. New Jersey will not allow home grow, but the state will allow cannabis …
Hurricane season starts on June 1st, and every year, hurricanes damage businesses in states like Florida, Texas, Louisiana, and along the East coast. While damages caused by hurricanes can be catastrophic for any business, they can create conditions that are especially dangerous for high-risk businesses. High-risk businesses include those with valuable merchandise and large amounts of currency onsite, such as …
Veterans are at an increased risk for depression, PTSD, and opioid dependency caused by the treatment of chronic pain. Although research into marijuana use for the treatment of these conditions has been promising, under federal law, veterans are currently not allowed to use or possess medical-use or adult-use marijuana, even if it’s legal in their state. Fortunately, in response to …
Following a string of legalizations across the U.S. in 2020, the cannabis industry continues to mature and vastly expand. New Frontier Data projects the sector to be valued at $40B+ by 2025. With several new markets expected in 2021, marijuana continues to make strides toward federal approval. The multi-billion-dollar market attracts many investors and entrepreneurs for massive investment opportunities while drawing the …
Establishing a strong community relations plan can help a cannabis Premises management is important for any business, but it is especially important for cannabis businesses. It is vital for owners to maintain their property because buildings that are run down or appear neglected often become targets for crime. Businesses are especially at risk when they have valuable products and large …
